Project Engineer Salary
Project engineers typically make between £22,477 and £51,409 a year according to data provided by Payscale. The salaries can vary greatly depending on the role and responsibilities that it entails, as well as on location, company size, and an engineer's qualifications and experience, among other things. Experienced project engineers earn between £30,000 and £45,000 a year, while those in senior roles make from £40,000 to £52,000 on average. Top project manager salaries can reach £80,000 a year and more, according to Total Jobs.
The average salary for project engineers is around £39,000 according to IT Jobs Watch. 90 percent of project engineers earn more than £28,500 and 10 percent of them make more than £50,500 a year.
Academics are important, but seldom the key factor that determines the salary. Engineers with a Doctorate (PhD) earn between £27,022 and £58,421 a year, those with a Master of Engineering (ME) or Mechanical Engineering (ME) degree make from £17,308 to £46,262, and engineers with a bachelor's degree earn between £22,710 and £50,505, according to Payscale.
Graduate starting salaries for project engineers typically range from £19,500 and £24,000 a year according to Total Jobs. Payscale gives a range from £19,727 to £30,732 for project engineers with less than a year of experience.
The hourly wage for project engineers ranges from £6.59 to £50.76 according to Payscale. Those with the status of Certified Professional Engineer (PE) earn between £28.50 and £38 per hour, while engineers with a Project Management Certificate make from £12.16 to £50.51 per hour. The hourly rate in London ranges from £22.96 to £37.50 and engineers employed in Aberdeen earn between £46.30 and £50.87 per hour.
General salary information
Relevant work experience is one of the most important factors when it comes to salary. Project engineers with 1 to 4 years of experience usually make between £19,914 and £40,937 a year, those with 5 to 9 years of experience earn between £24,680 and £52,020, engineers with 10 to 19 years of experience make from £26,632 to £67,476 a year, and those with 20 years or more earn between £27,497 and £72,244 a year, according to Payscale.
Location can be a significant factor as well. Project engineers in Aberdeen typically earn between £30.695 and £80,267 a year, those in London earn from £23,084 and £61,668 a year, while engineers in Manchester make from £17,754 to £36,524 a year.
Best paid project engineers by certification are those with an Occupational Safety and Health Administration (OSHA) certification (£21,816 – £79,733 a year), followed by project engineers with Chartered Engineer (CEng) status (£29,993 - £66,474) and engineers with a Project Management Certificate (£21,949 - £64,537).
Best paid skills are project management (£23,239 - £53,888 a year), project (£23,659 - £54,961), and engineering design (£22,837 - £53,096).
Top salaries by industry are in oil & gas (£27,176 - £70,740), engineering design for the construction industry (£23,000 - £60,921), construction (£16,913 - £59,598), oil & gas services (£23,839 - £56,684), and engineering consulting (£24,688 - £51,886).
Project engineers can progress to roles of research and development managers, senior engineering jobs, project management roles, and positions of overall operations managers. With the right academic qualifications and enough relevant experience in their chosen field, they can also move on to work at large consulting firms.